WS #15725
Michael Burry is increasing bearish bets on Nvidia-heavy ETFs and the Nasdaq-100, signaling institutional concern over tech valuations. This is compounded by analyst downgrades at Ally Financial and mixed signals on Microsoft and Apple market caps. While the macro narrative remains bullish on AI, these developments highlight growing skepticism about the sustainability of current tech multiples.
Tech Valuation & Bearish Bets
Michael Burry is increasing bearish bets on Nvidia-heavy ETFs and the Nasdaq-100, signaling institutional concern over tech valuations. This is compounded by analyst downgrades at Ally Financial and mixed signals on Microsoft and Apple market caps. While the macro narrative remains bullish on AI, these developments highlight growing skepticism about the sustainability of current tech multiples.